Director Client Operations Private Equity

MUFG Investor Services
CA - Ontario - toronto
June 28, 2024

Company Description
About MUFG Investor Services:

What's in it for you to join MUFG Investor Services?
Take a look at our careers site and you'll find everything you'd expect from a career with the fastest-growing business at one of the world's largest financial groups.
Now take another look.
Because it's how we defy expectations that really defines us.
You'll feel that difference in all kinds of ways.
Our vibrant CULTURE.
Connected team.
Love of innovation, laser client focus, and next-level LEARNING & DEVELOPMENT.
Oh, and we really walk the talk when it comes to HYBRID WORKING.
So why settle for the ordinary? Apply now for a Brilliantly Different career.
We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.
• LI-Hybrid

Report to the Executive Director, Client Operations, Fund Administration, a list of your responsibilities will include:

Provide the full range of fund accounting and administration services to private equity fund clients, including Net Asset Value (NAV) preparation and review, custody servicing, investor record keeping and reporting
Manage a team of Fund Accountants in performing accounting and administration service delivery to customers and train staff on all aspects of the NAV process
Work with banks, auditors, brokers and custodians to ensure smooth service delivery to customers and completion of NAV
Approve fee schedules including calculation of management and carried interest, ensuring all calculations follow applicable fund documents
Review and approve investor allocations for each NAV cycle, waterfall calculation and reviews, custody trading documents, Subscription and process Capital Calls and distributions wires, ensuring execution as instructed by clients and deadlines are met
Work with both the internal AML team, and the administrators, ensuring all AML requirements are met
Respond to all client queries
Review and sign any schedules, reports and files for review ensuring they are completed in compliance with organization controls
Resource Allocation to ensure that all work is carried out and Service level agreement met
Approve payment of fund expenses in applicable banking systems, ensuring controls are followed
Help with preparation and review of audited financial statements and annual audit
Review reporting for the regulatory authorities
Establish fund or client specific procedures covering all aspects of our services; Ensure cross training and cover in place for all services provided to client
Help with the growth of the local office
Create ideas for improving the NAV process, technological improvements and client reporting
Participate in multiple system initiatives and projects

Qualifications

Post-secondary education/University Degree with a concentration in finance or accounting.
Demonstrable experience working in the fund administration industry with experience managing staff.
This can include other administrators, investment managers or fund auditors.
Experience with the fund administration business and the drivers of profitability and success.
High proficiency with Microsoft Excel is an essential requirement for this role.
In-depth understanding of the private equity fund administration industry.
This includes multiple fund structures, fee calculations, financial instruments and fund offering documentation review.
Experience with fund accounting software Geneva, Investran or Yardi or working knowledge of Bloomberg would be beneficial
Completion or interest in a professional accounting designation (CA, CGA, CMA, ACCA, ICAEW, CFA (or equivalent) an asset

Additional Information
Experience something Brilliantly Different with a career with MUFG Investor Services.
Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing.
We're in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive.
Still interested?
•

Read the full job description and apply online on the recuiter's web-site

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